Deposit guarantee

Deposit guarantee providers assess applicants before the guarantee is issued, and that assessment is normally based on a credit assessment and an identity check. If you are credit assessed, you have the right to be told why, and you receive a copy of the information that was…

The landlord decides whether security is required for the tenancy, and almost all of them require it. What you can usually influence is the form that security takes. With a guarantee, a third party provides the security and you keep your savings available. So in practice,…

A deposit guarantee is an agreement in which a third party provides financial security for an agreed amount on the tenant’s behalf. The landlord gets security for the tenancy, and the tenant avoids placing the full deposit in a blocked account. The guarantee moves the liquidity,…

A NAV guarantee and a Keyhole deposit guarantee both give the landlord financial security without the tenant paying a cash deposit. The difference is who provides the guarantee, who can get it, and how you apply. A NAV guarantee is part of financial social assistance. You apply…

When renting a home in Norway, the landlord will normally ask for financial security in case rent is not paid or other costs arise during the tenancy. This security can be provided through a deposit account or a deposit guarantee. Both options can protect the landlord, but they…